Media ININ Economy We Trust
Media In / Agencies / Amman, April 23, 2018
The general assembly of Siniora Food Industries Company approved a dividend of 23.63% of the capital to the shareholders, of which 10% is cash dividend.
The company’s capital, after this increase, became 25 million dinars / share compared to 22 million dinars / share last year.
The General Assembly, which was chaired by the Chairman of the Board of Directors, Tariq Akkad, decided to raise the number of directors to seven out of five. The general manager of Hikma Ventures, Lana Ghanem, and the general manager of Pervity van Mille Middle East and Africa, Amin Abdel Rahim, As new independent members of the Board of Directors, in line with the Corporate Governance Guidelines for Public Shareholding issued by the Securities Authority.
Al-Akkad pointed out that Siniora Group achieved a net profit after tax of 4.7 million dinars, an increase of 98 percent compared to about 2.4 million dinars for the year 2016. He confirmed that the company maintained its share in the Jordanian and Palestinian markets, while regional sales grew by 29 percent last year, Backed by its subsidiary, Almasa Meat Processing Company in the United Arab Emirates.
